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Nov 30, 2012
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you know i think that obama obviously wants the marginal rates increased. he's really kind of drawing a line in the sand on that. a few republicans tom cole is the most notable one but a couple more today, i noticed came out and said they think their party should consider that. if we get a drip, drip, drip on that, a few a day a few a week, then maybe maybe there will be a chance by the end of december that enough republicans will go for that increase. remember, it doesn't have to be a huge number of republicans. it just has to be 25 or so of them. >> eliot: the president has drawn a couple lines in the sand. one of them is marginal rates go up. another one now appears to be the debt ceiling. he's putting himself into a position where he's going to have to tow a tough line or disappoint the very people you said earlier he's making feel very good because of the toughness and the new vigor in his negotiating position. fun game to watch michael. we'll ask you to come back in the next couple of days to tell us who is winning and losing. >> great. always a pleas
you know i think that obama obviously wants the marginal rates increased. he's really kind of drawing a line in the sand on that. a few republicans tom cole is the most notable one but a couple more today, i noticed came out and said they think their party should consider that. if we get a drip, drip, drip on that, a few a day a few a week, then maybe maybe there will be a chance by the end of december that enough republicans will go for that increase. remember, it doesn't have to be a huge...
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Dec 5, 2012
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the obamas put together a plan. if you jack up the rates on the top earners you'll get more money, and more money will be withheld from their salaries and they'll owe more at the end of the year. by contrast if you talk about ways of eliminating deductions without saying which ones they are, that doesn't get you far. that's been in the conversation for the la many years in washington. >> jennifer: carrie, you talked about a compromise. in a way to give the republicans a way of saving face, they might put forth a bill that the republicans vote present on. how likely is that? >> we did see that report yesterday, i think the speaker boehner really refuted that or. i think the plan at some point but it's not the plan now. a lot of these stories, they will be corrected at some point in time, and we may get to that point defending how things play out over the next two weeks. it really is, as we look at december 17th, which is two weeks from yesterday and it's a week before christmas and there's nothing happening we could
the obamas put together a plan. if you jack up the rates on the top earners you'll get more money, and more money will be withheld from their salaries and they'll owe more at the end of the year. by contrast if you talk about ways of eliminating deductions without saying which ones they are, that doesn't get you far. that's been in the conversation for the la many years in washington. >> jennifer: carrie, you talked about a compromise. in a way to give the republicans a way of saving...
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Dec 6, 2012
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. >> obama: let's allow higher rates to go up for the top 2% that includes all of you guests but not in anyway that is going to affect your spending, your lifestyles or the economy in any significant way. let's make sure that 98% of americans don't see a single dime in tax increases next year. 97% of small businesses don't see a single dime of tax increases next year and by doing that alone we raise almost a trillion dollars. [♪ "world news tonight" theme ♪] >> stephanie: associated press says the white house is signalling president obama is willing to let the country go over the cliff. this is a choice of the republican party if they are willing to do higher rates on the country, there is a lot to talk about, if they are not, they will push us over the cliff. tim geithner said there is no prospect in an agreement that doesn't include the tax rate going up on the top 2% of americans. he said we are not prepared to have the american economy held hostage to periodic threats. >> there you go. >> stephanie: and he pointed out, taxes were the centerpiece of the presidential campaign.
. >> obama: let's allow higher rates to go up for the top 2% that includes all of you guests but not in anyway that is going to affect your spending, your lifestyles or the economy in any significant way. let's make sure that 98% of americans don't see a single dime in tax increases next year. 97% of small businesses don't see a single dime of tax increases next year and by doing that alone we raise almost a trillion dollars. [♪ "world news tonight" theme ♪] >>...
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Dec 6, 2012
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he said we've got a deal. >> obama: i think once republicans agree to let the tax rates go up on the top 2%, like i talked about during the campaign like the majority of americans agree to, once we do that, and i think we can get a deal. >> bill: and at the briefing yesterday, jay carney made the same point saying that there was no way -- he said it one more time. in fact, i tweeted out yesterday while i was at the briefing, how many times does the white house have to say that the president will simply not accept a deal unless the tax rates go up for the top 2%? the president will not sign a bill if it includes a continued tax cut for the top 2%. jay carney said that again yesterday. and then he got some surprising support from tom coburn, conservative republican senator from oklahoma who said you know, the president on this thing is right. what's wrong with raising rates? >> personally, i know we have to raise revenue. i don't really care which way we do it. actually, i would rather see the rates go up than do it the other way because it gives us greater chance to reform the tax cod
he said we've got a deal. >> obama: i think once republicans agree to let the tax rates go up on the top 2%, like i talked about during the campaign like the majority of americans agree to, once we do that, and i think we can get a deal. >> bill: and at the briefing yesterday, jay carney made the same point saying that there was no way -- he said it one more time. in fact, i tweeted out yesterday while i was at the briefing, how many times does the white house have to say that the...
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Dec 4, 2012
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obama has been unequivocal over the fact that the top earners tax rate must return to the clinton era. he can introduce a tax plan that will accomplish all of his revenue goals. that's the rumbling that they are getting ready to cave and make it seem like they are not caving. the republicans are suddenly in control, blah, blah, blah blah blah. so i don't -- i'm getting confused on how the best way is for this to play out. [♪ "world news tonight" theme ♪] >> stephanie: you know president bad for business, jim? corporate profits have hit a record high while wages have hit a record low. corporation earnings are up 18.6% from a year ago. >> thanks to that socialist obama. >> stephanie: wages as a percentage of the economy are at an all-time low as this chart shows. i have a handy dandy chart once again. >> socialist, communist, hip hop barbecue. >> stephanie: thank you, skeeter. let's goo to jerry. >> caller: hey, steph. i was wondering during the fiscal cliff thing they are talking about putting medicare and everything on the block, couldn't they accuse the president of cutting $716
obama has been unequivocal over the fact that the top earners tax rate must return to the clinton era. he can introduce a tax plan that will accomplish all of his revenue goals. that's the rumbling that they are getting ready to cave and make it seem like they are not caving. the republicans are suddenly in control, blah, blah, blah blah blah. so i don't -- i'm getting confused on how the best way is for this to play out. [♪ "world news tonight" theme ♪] >> stephanie: you...
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obama and his allies are less willing to look at these benefits programs after his election last month. >> yeah. >> stephanie: obama possesses far more leverage than he did in the budget talks with boner last year. here we go again, right. >> you act like you won or something. >> stephanie: okay. all right. rhone in chicago. >> caller: hi, stephanie. first time caller so i'm glad i get a chance to get in and talk with you. >> stephanie: okay. >> caller: so many things to talk about, but i wanted to talk about the extremism that i see in the republican party. for me i'm an infantry officer, a software engineer. i have gone from voting republican and i lose myself as moderate republican, and conservative democrat somewhere in that -- >> stephanie: in the nuggety center. >> caller: yeah. the way this election has gone it has turned me very much to the left. the way the republicans have acted, they are turned me off from their party all together. >> stephanie: we welcome you into the soft cocoon of socialism. [♪ mysterious music ♪] >> stephanie: go ahead. >> caller: but the democratic
obama and his allies are less willing to look at these benefits programs after his election last month. >> yeah. >> stephanie: obama possesses far more leverage than he did in the budget talks with boner last year. here we go again, right. >> you act like you won or something. >> stephanie: okay. all right. rhone in chicago. >> caller: hi, stephanie. first time caller so i'm glad i get a chance to get in and talk with you. >> stephanie: okay. >> caller:...
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year said we can get $1.2 trillion in revenue without raising rates. if the president thought that was the right thing to do last year of again getting additional revenue he said he wants to do, let's see where his numbers are and how he gets this $1.2 trillion. i think there is obviously room for negotiation and there is an opportunity to get this done but i think republicans put forth a very credible planned i think we need to see something in specificity from the president in writing as opposed to what he's doing saying raise -- >> jennifer: ron the republicans have not specified which loopholes to close. they haven't been specific. for the reason we've talked about. they're unpopular. it is upon the burden -- the burden is on the republicans to be specific about what they can have the votes for in terms of which loopholes to close. but ultimately, if they don't reach a deal as you know, the rates are going up and it will be resolved by january 3rd, i were deict because -- i predict because nobody will be able to stomach the rates going up. >> i thi
year said we can get $1.2 trillion in revenue without raising rates. if the president thought that was the right thing to do last year of again getting additional revenue he said he wants to do, let's see where his numbers are and how he gets this $1.2 trillion. i think there is obviously room for negotiation and there is an opportunity to get this done but i think republicans put forth a very credible planned i think we need to see something in specificity from the president in writing as...
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Dec 3, 2012
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congress approval rating has been dreadful but scores low marks on ethics and honesty also. new gallop poll finds members of congress come in second to last among professions beating only car salespeople. car salesman took to twitter today to express displeasure with the poll. 10% said they would give congress a high to very high rating. 34% said average. 54% said very low to low. finally when researching the internet be careful when citing wikipedia. judge in england compiled a 2,000-page report on press ethics in which he warned that inaccuracy in newspapers caused significant concern. he claimed the independent was founded in 19786 by three journalists. he apparently got two names right. the third first appeare appearea wikipedia entry a year ago. far from being founder of the paper, the man's name is the same as a self-described beach bum from california whose only edit was on that page. the error was spotted and scrubbed by wikipedia a few weeks ago, but not in time to spare the judge's error. >>> as we told you earlier, president obama is rejecting a counter offer from
congress approval rating has been dreadful but scores low marks on ethics and honesty also. new gallop poll finds members of congress come in second to last among professions beating only car salespeople. car salesman took to twitter today to express displeasure with the poll. 10% said they would give congress a high to very high rating. 34% said average. 54% said very low to low. finally when researching the internet be careful when citing wikipedia. judge in england compiled a 2,000-page...
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Dec 3, 2012
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i really worry that president obama, we consider that he's overreaching, it's too much, you know. at the end of the day president obama is selling a very simple message. i want to keep taxes low for middle class americans and republicans, i'm worried, are in the position of looking as if they don't care about the middle class and want to keep tax rates low for wealthy americans. >> one of the things that struck me in my interview with tim geithner, the republicans were a little unclear. he said the bush tax rates had to go up but not all the way up and geithner said they had do have to go up to 39.6%. >> i still think the white house is willing to settle for something in the middle there above the bush tax rate but maybe not all the way back up to clinton, maybe not 250 and above, maybe 500. i think there are moving parts there. i think he says in every speech he goes out there and gives the hard line message to the base i'm not going to be the woos you thought i was last time. he says i want to compromise and we all have to get out of our comfort zone. i want a deal. >> and repub
i really worry that president obama, we consider that he's overreaching, it's too much, you know. at the end of the day president obama is selling a very simple message. i want to keep taxes low for middle class americans and republicans, i'm worried, are in the position of looking as if they don't care about the middle class and want to keep tax rates low for wealthy americans. >> one of the things that struck me in my interview with tim geithner, the republicans were a little unclear....
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Dec 7, 2012
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. >> obama: just to be clear, i'm not going to sign any package that presents rates going up for folks at the top 2%. >> he wasn't clear enough. he didn't say which country. [ laughter ] >> he has to be much more precise. >> stephanie: jay carney excooed it again. >> a deal by republicans that rates on the top 2% the wealthiest americans, have to rise. there is no deal without that acknowledgment, and without a concrete mathematically sound proposal. >> stephanie: oh my god, i'm reading the chyron right now. the white house has only offered a joke according to boehner. representative are you reading anything new >> what is going on here is that the republicans understand that they are going to have to put over a trillion dollars of revenue into this agreement, and they are coming to terms with how to get the votes within their conference to do it. and i honestly think that that will happen about two weeks from now. i'm focused more on the taxes and less on the jobs. the jobs numbers is good but not good enough yet. part of this deal has to be jobs right now. more transportation constru
. >> obama: just to be clear, i'm not going to sign any package that presents rates going up for folks at the top 2%. >> he wasn't clear enough. he didn't say which country. [ laughter ] >> he has to be much more precise. >> stephanie: jay carney excooed it again. >> a deal by republicans that rates on the top 2% the wealthiest americans, have to rise. there is no deal without that acknowledgment, and without a concrete mathematically sound proposal. >>...
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of one of the ways to fix the fiscal cliff had to be to put new revenues and raise the tax rates of the wealthiest americans. [ ♪ music ♪ ] >> cenk: so taking this case to the american people fighting strong, making his own case which he we've been asking him to do for four straight years. my reaction was this. >> flabbergasted. [ laughing ] >> cenk: what's your reaction. >> slightly flabbergasted because this is not how the president has worked before. he ran with a grassroots in 2008. we tried to recreate that, talked about the ground game in the campaign in 2012. he's taking a grassroots campaign to politics, which is what progressives have been begging him to do now for a while. it seems to be working. all the hash tags and all the my 2 k has tags has gotten up to 13,000 tweets per hour. not every one of them is, hey great idea, mr. president. a lot of them are coming from people who are conservatives saying whatever it is that they're saying. the point is he's in touch with the people. he's not living in a cocoon like he did in the first term. >> cenk: when they ask how wou
of one of the ways to fix the fiscal cliff had to be to put new revenues and raise the tax rates of the wealthiest americans. [ ♪ music ♪ ] >> cenk: so taking this case to the american people fighting strong, making his own case which he we've been asking him to do for four straight years. my reaction was this. >> flabbergasted. [ laughing ] >> cenk: what's your reaction. >> slightly flabbergasted because this is not how the president has worked before. he ran with a...
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. >>> good news for president obama. he now has his highest approval rating since 2009. quarreling quinnipiac released a new poll yesterday found approval rating is at 53% with registered voters. we will be right back. [ music ] you know the kind of guys who do like verse mortgage commercials? those types are coming on to me all the time now. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten commandments is what you're telling me. >> you would rather deal with ahmadinejad then me. >> absolutely! >> and so would mitt romeny. >> she's joy behar. >> and the best part is that current will let me say anything. what the hell were they thinking? >> only on current tv. [ singing christmas carols in background ] aunt sally's singing again. it's a tradition honey. [ singing christmas carols ] mmmm. [ female announcer ] make new traditions with pillsbury grands! cinnamon rolls. [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a
. >>> good news for president obama. he now has his highest approval rating since 2009. quarreling quinnipiac released a new poll yesterday found approval rating is at 53% with registered voters. we will be right back. [ music ] you know the kind of guys who do like verse mortgage commercials? those types are coming on to me all the time now. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's...
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Dec 3, 2012
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it was obama versus romney. he keep come back to this that you heard bill crystal say what the hell are we doing as a party? even tom kohl said let's buy in 98% and get it out of the way and take credit for it. why is bajner refuse to go schedule a boat on that proposal. >> obtain doesn't have the votes. simple math, this is sort of the reality of washington. >> doesn't have the votes to block it? >> he doesn't have the votes to pass any kind of tax reform from his own caucus. they operate by a rule called the majority of the majority. effectively the house republicans will do whatever the majority of their caucus says is okay with. you know, they don't have that majority. >> if they deck -- okay. i am trying to understand where boehner is coming from. right? >> yeah. >> bill: because i think this is a time for sleepered. i am say that. not you. if he allowed that the democrats would vote for it. they don't need that many republicans. it seems to me that the pressure, then, on the republicans, a good number of t
it was obama versus romney. he keep come back to this that you heard bill crystal say what the hell are we doing as a party? even tom kohl said let's buy in 98% and get it out of the way and take credit for it. why is bajner refuse to go schedule a boat on that proposal. >> obtain doesn't have the votes. simple math, this is sort of the reality of washington. >> doesn't have the votes to block it? >> he doesn't have the votes to pass any kind of tax reform from his own caucus....
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george bush left office with a 20% hard-core approval rating. the iraq war seven years in had a 20% approval rating. so obviously it's that 20% that's blaming the president. >> exactly. carl fritsche here with us and your calls join the conversation at any time at 866-55-press. just getting started here on a wednesday morning, december 5th, the full court press. we will be right back. >> this is "the bill press show." start you morning with a daily dose of politics from a fresh perspective. >>i'm a slutty bob hope. the troops love me. >>only on current tv. [ music ] >> this is "the full court press: the bill press show," live on your radio and on current tv. >> it's 25 minutes after the hour, carl fritsche here as a friend of bill this entire hour. carl, always good to see you. >> good morning, bi. >> we will be joined by congressman steve israel from new york state. also, head of the democratic congressional campaign committee coming up in the next segment. peter, the wonderful world of twitter and welcome back toing. >> we are tweeting at bp s
george bush left office with a 20% hard-core approval rating. the iraq war seven years in had a 20% approval rating. so obviously it's that 20% that's blaming the president. >> exactly. carl fritsche here with us and your calls join the conversation at any time at 866-55-press. just getting started here on a wednesday morning, december 5th, the full court press. we will be right back. >> this is "the bill press show." start you morning with a daily dose of politics from a...
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he said he will do that by lowering rates. when you look at the math, it doesn't work. >> i'm going to keep the boat from sinking by peeing in it. not technically adding water. it is a form water. >> stephanie: we've been talking about this all morning. they think we're this dumb. a lot of conservatives are criticizing boehner. it must be a really good compromise. i love this. [ ♪ "world news tonight" ♪ ] these four republicans want you to believe that boehner's proposal is a compromise because they hate it. it must be -- >> the artificial panic attack. >> stephanie: look how moderate he is. can you believe he's not actually sending them door-to-door to chuck poor people out into the street and have their heads caved in by people in -- he's not even going near that be wing. >> stephanie: jim demint, blah blah, blah -- >> for prostate? >> nothing. >> stephanie: they're all bashing boehner's plan by saying it is clearly too moderate and too compromising. [ ♪ hypnotic ♪ ] >> it is horrible. >> it is practically handing ou
he said he will do that by lowering rates. when you look at the math, it doesn't work. >> i'm going to keep the boat from sinking by peeing in it. not technically adding water. it is a form water. >> stephanie: we've been talking about this all morning. they think we're this dumb. a lot of conservatives are criticizing boehner. it must be a really good compromise. i love this. [ ♪ "world news tonight" ♪ ] these four republicans want you to believe that boehner's...
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. >> obama: i don't think it is acceptable for you for a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. >> stephanie: uh, yeah! let's go to kathy in mobile, alabama. >> mobile. >> caller: actually, it is mobile. i know you're not from the south. something i've heard recently which is totally stupid was someone made the comment that normally we only work 25 years and then we live only 40 years after that. a. >> stephanie: right. >> caller: which is crazy. if you started at 18, you reach retirement at 43 or even if you start working at 35. >> stephanie: this is something grover norquist said yesterday. i'm like who only works 25 years? math is -- that's what the president said. republicans have to stop using political math to say how much they're willing to raise tax rates on the wealthiest 2% and specify the spending cuts. they're the ones that aren't being specific. i'm flabbergasted how few details were in boehner's response. okay. kathy in illinois, you're on "the stephanie miller show". >>
. >> obama: i don't think it is acceptable for you for a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. >> stephanie: uh, yeah! let's go to kathy in mobile, alabama. >> mobile. >> caller: actually, it is mobile. i know you're not from the south. something i've heard recently which is totally stupid was someone made the comment that normally we only work 25 years and then we...
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we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want party leaders to compromise anymore than they think they already have. even though the republican plan offers up $800 billion in new taxes without upping tax rates at all tea party leaders say higher taxes shouldn't be in any form because it is not what republicans stand for. south carolina senator jim demint went so far as to call on supporters of his senate conservative fund to call senate republicans and ask them to oppose what he's calling the boehner tax hike. the looming question for republicans what may be willing to compromise is what's your bottom line? the fallback position that is most likely at this point may turn out to be extending the middle class tax cuts through the end of the year and then continuing this fight in the run-up the need to raise the de
we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want party leaders to compromise anymore than they think they already have. even though the republican plan offers up $800 billion in new taxes without upping tax rates...
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it's all a political attempt by obama. he created this issue as a way to have a class war issue with the campaign. it will have no effect on deficit. no effect on rescuing us. and i think republicans ought not play that game. it doesn't help the income. >> to answer your question, the middle class tax cuts are permanent. and the response to charles would be that the obama white house believes it will help the economy. >> they're completely wrong. that is the problem. >> bret: next up, the friday lightning round. [ "odd couple" theme plays ] humans -- even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else mes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >> bret: every week, viewers vote for your choice online in the lightning round poll. and this week, cabinet reshuffle won with 36% of the vote. bac
it's all a political attempt by obama. he created this issue as a way to have a class war issue with the campaign. it will have no effect on deficit. no effect on rescuing us. and i think republicans ought not play that game. it doesn't help the income. >> to answer your question, the middle class tax cuts are permanent. and the response to charles would be that the obama white house believes it will help the economy. >> they're completely wrong. that is the problem. >> bret:...
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but when president obama says things through tim geithner that he said about raising tax rate and spend additional money, which is crazy, it makes people more concerned that a big overall grand bargain can't be reached next year. >> eric: martin, do you think a grand bargain won't be reached? >> i think it will. talk about what is going on now here first. you know, the president won the election. he campaigned on the basis of higher rates for the taxpayer income earners. no surprise. the republicans are asking shocked that the president is taking a tough line. i think they expect him to roll over and play dead. that is not the way things work in this town. he won the election. and he told the american people we were going to raise the rates on the top income earners. now that is what he is trying to do. i think there is some give here. i don't think it has to go up to 39.6. right now it's 35. maybe it goes up a point or two. listen, republicans need time to sort through all of this. there will be a short-term agreement. there will be a down payment with some increased taxes. some increa
but when president obama says things through tim geithner that he said about raising tax rate and spend additional money, which is crazy, it makes people more concerned that a big overall grand bargain can't be reached next year. >> eric: martin, do you think a grand bargain won't be reached? >> i think it will. talk about what is going on now here first. you know, the president won the election. he campaigned on the basis of higher rates for the taxpayer income earners. no...
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tax rate? he raises the tax rate in order to spend. seems to me that taxing and spending is his mantra, just like the east european mantra and the california and new york -- why would you want to raise the tax rate $1.6 trillion if youp didn didn't want to spe? that's a big number. >> it is. jared bernstein was in "the new york times" complaining about the tax cutting in this country over the past 30 years. and jared says, we've gutted the tax code, we're just not getting enough revenue for all the spending we want. >> i would gut the tax code of all its special deductions and loopholes and whatnot and take the rate down to about 15%. i am a flat tax guy. what i don't get is why the united states wants to imitate the mistakes of western europe, jim pethokoukis. that's what i don't get. you get the last word. >> i think it's stunning and i hope we learn from yoour mistak as quickly as they did in great britain. >>> who needs to wait for a recession? our next guest says we may already be in one a
tax rate? he raises the tax rate in order to spend. seems to me that taxing and spending is his mantra, just like the east european mantra and the california and new york -- why would you want to raise the tax rate $1.6 trillion if youp didn didn't want to spe? that's a big number. >> it is. jared bernstein was in "the new york times" complaining about the tax cutting in this country over the past 30 years. and jared says, we've gutted the tax code, we're just not getting enough...
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they're arguing over rates or deductions, which makes no sense. i mean, it's like you want to go on a trip. we decide we're going on a trip together. we're going to argue about whether we're taking a bus or a train. just figure out how much money you want from revenue, figure out who you're going to get it from, figure out how you're going to protect people, then figure out the formulas. >> and the white house wants the money to come from a specific place. he doesn't necessarily want $1.6 trillion clean. he wants it to come from higher tax rates. >> and i think it's fine say where you want to get the $1.6 trillion or $800 billion from. you ought to just call -- i want to get it from people who make more than $250,000 as opposed to trying to lock people into a formula. what you really need is money. >> you put it so simply, as if it's easy. i guess it is. i don't know why they're having such a difficult time with that. let me get your take on what senator jim demint said. he said house speaker john boehner's plan, which of course is raising $800 bi
they're arguing over rates or deductions, which makes no sense. i mean, it's like you want to go on a trip. we decide we're going on a trip together. we're going to argue about whether we're taking a bus or a train. just figure out how much money you want from revenue, figure out who you're going to get it from, figure out how you're going to protect people, then figure out the formulas. >> and the white house wants the money to come from a specific place. he doesn't necessarily want $1.6...
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and yesterday president obama met with a virginia family. tax hikes for the rich are nonnegotiable. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is for families like this one. >> joining me now is barry, msnbc political contributor and editor for grio. hello, guys. >> perry, i'm wondering if these new unemployment numbers add to the president's leverage? >> i think they do. the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts against the republican argument that raising taxes on the rich with would hurt the economy and the economy is fragile. the numbers though that the economy is not fragile and that would improve the economy's leverage. he's still doing so many public events. he is trying to use that public pressure to sort of force the republicans to cut a deal. >> doing this public stuff but at the same time having these private talks with the
and yesterday president obama met with a virginia family. tax hikes for the rich are nonnegotiable. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is for families like this one. >> joining me now is barry, msnbc political contributor and editor for grio. hello, guys. >> perry, i'm wondering if these new unemployment numbers add to the...
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rates on the 2% go up. we're not going to be able to get deal without it. >> been no deals of this mag magnitude made in congress and forced on reluctant president. i hope the president would turn off the campaign, congratulations, you had a great victory, and let's get serious about dealing with this deficit and debt here at the end of the year. >> back to the president's comments. he had yet before to explicitly say rates had to go up on those earning $250,000 or more. that was the white house position. that is their condition now for a deal. it's in the face of what republicans want saying no rate increases; however, a little wiggle room, and the president didn't rule out a smaller rate increase than he's calling for could be a part of a final product if they get to that stage. lizly thank you very much, rich edson. david: we have a governor who says his state takes the right action to prevent falling off its own fiscal cliff and the president can learn a lot. liz: joining us now is the iowa governor, an
rates on the 2% go up. we're not going to be able to get deal without it. >> been no deals of this mag magnitude made in congress and forced on reluctant president. i hope the president would turn off the campaign, congratulations, you had a great victory, and let's get serious about dealing with this deficit and debt here at the end of the year. >> back to the president's comments. he had yet before to explicitly say rates had to go up on those earning $250,000 or more. that was...
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president obama is making that a condition of this deal. and there's got to be some movement eventually, but republicans are going to have to give up a very big, a very big selling point there if they're going to take the president and say, all right, we'll shift rates, even not back to the bill clinton tax levels that the republicans say they don't want to go to, but even just back to somewhere close to that. >> but do you think, i mean, if we're talking, you know, preclinton levels, we're talking north of 39%. is there wiggle room between 35% and 39%? couldn't they just say, 37% is right in the middle, 37.5% is right in the middle. >> john boehner is used to cutting deals. he has a conference that doesn't let him do it. the tea party folk have stopped him again and again and again. he made statements in the past where he had to try to round them up very forceinally and not always with great success. enough trade bait out there. the president has been out there taxing dividend income. that's something that failed when the senate tried to d
president obama is making that a condition of this deal. and there's got to be some movement eventually, but republicans are going to have to give up a very big, a very big selling point there if they're going to take the president and say, all right, we'll shift rates, even not back to the bill clinton tax levels that the republicans say they don't want to go to, but even just back to somewhere close to that. >> but do you think, i mean, if we're talking, you know, preclinton levels,...
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package that somehow prevents the top rates from going up for folks at the top 2%. lou: president's ultimatum and his insistence on higher taxes may take us over the cliff. chris and steven next. the next scott walker? michigan's republican governor ready to do plitical battle with organized labor in his state. what about a right to work law? straight ahead. [beep] [indistinct chatter] [kids talking at once] [speaking reign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. lou: the staffs of both president obama and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the
package that somehow prevents the top rates from going up for folks at the top 2%. lou: president's ultimatum and his insistence on higher taxes may take us over the cliff. chris and steven next. the next scott walker? michigan's republican governor ready to do plitical battle with organized labor in his state. what about a right to work law? straight ahead. [beep] [indistinct chatter] [kids talking at once] [speaking reign language] [heart beating] [heartbeat continues] [faint singing]...
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president obama saying the roundtable was struck by ceo's willingness to pay higher taxes and patriotic duty and the president also talked about speculation they may want another death to inflate next year. he has to break that habit before it starts though it is of course up to congress to raise the debt ceiling by passing along. thank you. dennis: our next guest says they have the perfect solution for the financial woes. joining us now, one of those critical of the house speaker. thank you for being with us. let's just cut to the chase, what is your fix, sir? >> when you think fair share to the president's administration says, think flat tax. the president talks about warren buffett should pay with his secretary pays, but he is not proposed a single idea that will make that happen. we have the perfect idea. you want them to pay the same rate, i want them to pay the same rate, but i have a way to do it. you give a 15% flat tax on income taxed, capital gains, gift tax, to put it across the board and then you will see everybody pay the same rate if you make more you pay more. if you make
president obama saying the roundtable was struck by ceo's willingness to pay higher taxes and patriotic duty and the president also talked about speculation they may want another death to inflate next year. he has to break that habit before it starts though it is of course up to congress to raise the debt ceiling by passing along. thank you. dennis: our next guest says they have the perfect solution for the financial woes. joining us now, one of those critical of the house speaker. thank you...
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the rating creases that president obama and the democrats want? don't increase rates that cap deductions so people will pay more than what the republicans want or is it spending cuts from government? which of those three is the toughest? >> the most important issue is what the tax rates are going to be. all good business people make decisions on after-tax returns with you are looking at a worker you are going to hire or a new piece of equipment or expanding a business you look at the after-tax returns, that goes down as tax rate marginal tax rates go up. that is the big issue. dennis: if my marginal tax rate stays the same but i can't hire tax bill because they kept my deductions aren't i still going to not bought a welding torch i was going to buy? >> that may be. you made me pick one out of three. dennis: the thing we are worried about, there are things you say they can do. they should wait on spending but tell us about changing their tax filing status. >> one of those things we are going to see is a big difference between the personal marginal
the rating creases that president obama and the democrats want? don't increase rates that cap deductions so people will pay more than what the republicans want or is it spending cuts from government? which of those three is the toughest? >> the most important issue is what the tax rates are going to be. all good business people make decisions on after-tax returns with you are looking at a worker you are going to hire or a new piece of equipment or expanding a business you look at the...
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president obama's approval rating is at a three-year rate. 53%. and 53% say they trust president obama to avoid the fiscal cliff. compared to just 36% who trust republicans in congress. also today speaker boehner said he wouldn't rule out an agreement to raise taxes as part of a fiscal cliff deal. but he also said there's no progress. this is what winning looks like. joining me now, e.j. dionne and thank you both for your time. senator solis, the jobless rate is at a four-year low. that's quite an achievement. >> yes, reverend re. but we still need to do more. in sectors like retail and health care and tourism and hospitality. we need to do more because people are still suffering. we've got to put jobs back in infrastructure and construction and put our teachers. that's why the president is working so hard so we don't go off the fiscal cliff so we keep the most vulnerable people out of harm's way. to pay $2,200. we've got to talk about fairness here and i'm very excited that the public is listening to the message that the president has made very,
president obama's approval rating is at a three-year rate. 53%. and 53% say they trust president obama to avoid the fiscal cliff. compared to just 36% who trust republicans in congress. also today speaker boehner said he wouldn't rule out an agreement to raise taxes as part of a fiscal cliff deal. but he also said there's no progress. this is what winning looks like. joining me now, e.j. dionne and thank you both for your time. senator solis, the jobless rate is at a four-year low. that's quite...
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obama was dissing mr. boehner on the difference between cap rates and deductions. >> i guess my other point isser skin bowls, he comes out of a white house, businessman's meeting today, and said that maybe baum will be flexible and it will only being 37%, 38%. is at that what they mean by common ground? >> i don't think that gets threw. i mean, speaker bainor, other republican leaders have laid out parameters of what republicans can't up to water. >> you only raise $68 billion next year. that's enough to fund the government for less than a week. this does not solve the problem. and you do it at the expense of economic growth, which ultimately should be the goal here. if we want to solve deficits and debt problems, get the economy growing and expanding again, that generates more revenue by comparison. >> let me just ask you a final question. what in your judgment is a key common ground concession that you as a republican -- if you were in the leadership would make to move this ball down the road snp i lot o
obama was dissing mr. boehner on the difference between cap rates and deductions. >> i guess my other point isser skin bowls, he comes out of a white house, businessman's meeting today, and said that maybe baum will be flexible and it will only being 37%, 38%. is at that what they mean by common ground? >> i don't think that gets threw. i mean, speaker bainor, other republican leaders have laid out parameters of what republicans can't up to water. >> you only raise $68 billion...
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are going to automatically increase, which means any lower tax rates president obama will ask for is tax cuts and not an argument you are raising taxes on someone. for all those reasons, the democrats have a lot of leverage in january but that does not mean the democrats should wait till january, what happens after december 31st is everybody can lose. the kind of pressure we have psychologically and politically right now to get a deal done before we hit 2013, that kind of pressure and deadline pressure and momentum you're not going to have after you're over the fiscal cliff. so every day that goes by after january 1st isn't going to look like that big of a deal and essentially, time will run out for both parties, you will have a lot of problems in 2013, they will take the lion's share away from fiscal dealmaking, senate confirmation, have the debt ceiling, the long-delayed nuclear negotiableses with iran, going to have posturing for the 2014 campaigns. all of those things are going to suck out the moment up that we have right now. so, yes, democrats are not as bad off as the republic
are going to automatically increase, which means any lower tax rates president obama will ask for is tax cuts and not an argument you are raising taxes on someone. for all those reasons, the democrats have a lot of leverage in january but that does not mean the democrats should wait till january, what happens after december 31st is everybody can lose. the kind of pressure we have psychologically and politically right now to get a deal done before we hit 2013, that kind of pressure and deadline...
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for the democratic governor's association think obama care, pants on fire and yosemite sam. here it is. >> not going to be a part of again socializing health care in the state of texas. ♪ >> the ipb, what that is will be a board that will tell you, bob, whether your level of productivity is worthy of receiving the rationed care that will be the result of obama care. ♪ >> anyway, the ad that got the most votes in the fail category was the one called join the fight to repeal obama care from conservative super pac restore america's voice. >>> that's hardball for now. coming up next, "your business" with j.j. ramberg. i think i did. oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. see, over time, cascade complete pacs fight film buildup two times better than finish quantum. to help leave glasses sparkling shiny! too bad it doesn't work on windows. okay, i'm outta here. cascade. the clear choice. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date
for the democratic governor's association think obama care, pants on fire and yosemite sam. here it is. >> not going to be a part of again socializing health care in the state of texas. ♪ >> the ipb, what that is will be a board that will tell you, bob, whether your level of productivity is worthy of receiving the rationed care that will be the result of obama care. ♪ >> anyway, the ad that got the most votes in the fail category was the one called join the fight to repeal...
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without raising tax rates. >> reporter: and the president today offered this warning to republicans. amid reports they may accept mr. obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early next year. >> that is a bad strategy for america. it is a bad strategy for your businesses. and it is not a game that i will play. >> reporter: and brian, tonight, the white house is preparing in case the country does go over that fiscal cliff, budget officials have asked all federal agencies for information that they need in case of possible plans in case of those automatic spending cuts that could go in place in just 27 days. >> peter alexander at the white house for us tonight. thank you. >>> and up next, the loss today of a legend in american music. i put away money. i was 21, so i said, "hmm, i want to retire at 55." and before you know it, i'm 58 years old. time went by very fast. it goes by too, too fast. ♪ but i would do it again in a heartbeat. [ laughs ] ♪ ♪ i took my son fishi
without raising tax rates. >> reporter: and the president today offered this warning to republicans. amid reports they may accept mr. obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early next year. >> that is a bad strategy for america. it is a bad strategy for your businesses. and it is not a game that i will play. >> reporter: and brian, tonight, the white house is...
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president obama wants it to go back to the 20% rate. dividend taxes are on dividends that are paid out by companies. george w. bush wanted to follow parity, that they should be taxed at the same rate. what would happen when the tax rates expire, the capital gains rate would go up 20%. the dividend rate would go to 39.6%. there would be a big gap there. they want to maintain that parity and to find something between 50% and almost 40% -- 15% and almost 40%. why is this a battle? guest: it is a big deal for the fight over income inequality. democrats have long targeted the capital gains tax as something that makes the tax code less regressive and increases in a quality. a lot of wealthy people make money through investments. it is a big issue for corporations and investors who feel corporations are already taxed and you're essentially putting another tax. host: who pays the capital gains tax? guest: if you buy a stock and make money, you are paying it. it tends to hit upper income earners more. anybody in the stock market will be paying t
president obama wants it to go back to the 20% rate. dividend taxes are on dividends that are paid out by companies. george w. bush wanted to follow parity, that they should be taxed at the same rate. what would happen when the tax rates expire, the capital gains rate would go up 20%. the dividend rate would go to 39.6%. there would be a big gap there. they want to maintain that parity and to find something between 50% and almost 40% -- 15% and almost 40%. why is this a battle? guest: it is a...
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republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the we weltmist americans. >> what he proposed this week is a classic bait and switch on the american people. a tax increase doubled the size of what he campaigned on. >> joining me now nbc news white house correspondent mike viqueira. mike, let's talk about this thing. this is the time the lawmakers are breaking out the rule book to find some tricks. how does pelosi think she can force a vote on middle class tax cuts? >> it's funny, craig, the president visited the tinker toy factory yesterday but he's not playing around, that is for certain. his opening bid delivered by tim geithner the treasury secretary on thursday up on the hill was such a one-way document as far as republicans were concerned that the republican leader of the senate broke out in a burst of laughter when he saw $1.6 trillion in new revenues, principally from taxes on the wealthiest americans. that's, obviously, something the president ran on. but something as you saw there from orrin hatch and speaker joh
republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the we weltmist americans. >> what he proposed this week is a classic bait and switch on the american people. a tax increase doubled the size of what he campaigned on. >> joining me now nbc news white house correspondent mike viqueira. mike, let's talk about this thing. this is the time the lawmakers are breaking out the rule book to find some tricks. how does pelosi...
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package that somehow prevents the top rates from going up for folks at the top 2%. lou: president's ultimatum and his insistence on higher taxes may take us over the cliff. chris and steven next. the next scott walker? michigan's republican governor ready to do political battle with organized labor in his state. what about a right to work law? straight ahead. the boys use capital one venture miles for thr annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. buwith the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. if you're a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, espially those who are
package that somehow prevents the top rates from going up for folks at the top 2%. lou: president's ultimatum and his insistence on higher taxes may take us over the cliff. chris and steven next. the next scott walker? michigan's republican governor ready to do political battle with organized labor in his state. what about a right to work law? straight ahead. the boys use capital one venture miles for thr annual football trip. that's double miles you can actually use. tragically, their ddy got...
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how much does obama care add? what is our growth rate? you know, we don't have a plan. >> yeah. >> and we're throwing these dollar numbers around like if they were nothing. >> i spoke with james clyburn, representative clyburn last hour, about the notion of raising tax rates on the wealthy and not where the president wants them. he said i want it higher. take a listen and then talk about it. >> we know where the president is. and that is 250,000. but there are a lot of democrats who voiced back before the campaign 500,000. some say even a million. all of that's going to be negotiated. the president wants 250. if mr. boehner wants to come and offer something different, i'm sure he'll do that but the president stands at 250. which is below even where i was but he won the election. >> do you think that's where the compromise is, have it at a higher rate, somewhere in there? >> i think what needs to happen is for the democrats to come forward with ideas for expenditures. because if not, what he's asking for is for speaker boehner to negotiate
how much does obama care add? what is our growth rate? you know, we don't have a plan. >> yeah. >> and we're throwing these dollar numbers around like if they were nothing. >> i spoke with james clyburn, representative clyburn last hour, about the notion of raising tax rates on the wealthy and not where the president wants them. he said i want it higher. take a listen and then talk about it. >> we know where the president is. and that is 250,000. but there are a lot of...
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the line of agreeing to a rate increase. and that's why i think he's pushing so hard on this. i think most economists would agree that there is often more advantages in capping deductions than in just going for the rates, but i think there's a real political advantage for democrats looking ahead to battle after battle that we'll face down the road in getting republicans to cross that red line. it's sort of a scout, you might say. >> thank you both very much. >>> the united states opposed today's u.n. vote on the palestinian observer state. senator bob menendez saying it could inflame passions throughout the region. welcome to you, senator. >> good to be with you. >> explain to me why you feel so strongly that the palestinians shouldn't have been granted today this nonmember observer state status. >> well, what we announced today is that in fact, should they try to use their nonmember observer status, for the purposes of pursuing other organizations within the united nations such as the international criminal court, in an att
the line of agreeing to a rate increase. and that's why i think he's pushing so hard on this. i think most economists would agree that there is often more advantages in capping deductions than in just going for the rates, but i think there's a real political advantage for democrats looking ahead to battle after battle that we'll face down the road in getting republicans to cross that red line. it's sort of a scout, you might say. >> thank you both very much. >>> the united states...
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. >> so are you saying then for pr purposes, that they should give into obama on the tax rate? >> not exactly. well, yeah, i guess i am. >> i'm sorry, that was not one of the top conservative minds. that was ann coulter, but you have to and it to her. she's onto something there. a new quinnipiac poll shows 65% of americans support higher taxes on incomes over $250,000. the same survey showing the president's approval rating at a three-year high, 53%. the highest level since the body of osama bin laden was dumped in the north arabian sea. perhaps that's why senate majority leader harry reid felt confident enough to declare that until republicans move on tax rates, more spending cuts are off the table. >> the president made clear, i have tried to make very clear, until there's some movement in tax rates, we're -- i'm not talking about any other proposals, not about where there will be a cut here or a cut there. >> no. as a matter of fact, the only cuts the senate is talking about today are in terms of staff on the republican side. with the surprise news today that senator jim dem
. >> so are you saying then for pr purposes, that they should give into obama on the tax rate? >> not exactly. well, yeah, i guess i am. >> i'm sorry, that was not one of the top conservative minds. that was ann coulter, but you have to and it to her. she's onto something there. a new quinnipiac poll shows 65% of americans support higher taxes on incomes over $250,000. the same survey showing the president's approval rating at a three-year high, 53%. the highest level since...
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back then, barack obama believed that lowering rates was good for the economy. dagen and connell, it is yours. connell: the war on wealth is where we begin today. dagen: get the government out of the markets. connell: the devil wears -- becoming our next ambassador to britain. dagen: holiday travelers paying up. the average ticket price topping $450. connell: everyone needs a few days off. it is the top of the hour. we will go to nicole petallides. good morning. nicole: good morning. let's take a look at what is going on here. let's take a look at jardin restaurants. it turns out they are not meeting the analyst expectations. let's take a look at the stock. it is near its lows of he day. their earnings will miss the analyst estimates. same-store sales dropping 3.2%. as a result, sales have diminished. how about the major market averages? the dow is higher, but the s&p and the nasdaq are lower. dagen: republicans finally pulling off their own plan to deal with the fiscal cliff. connell: the white house predictably saying, no deal. the parameters are there now. we
back then, barack obama believed that lowering rates was good for the economy. dagen and connell, it is yours. connell: the war on wealth is where we begin today. dagen: get the government out of the markets. connell: the devil wears -- becoming our next ambassador to britain. dagen: holiday travelers paying up. the average ticket price topping $450. connell: everyone needs a few days off. it is the top of the hour. we will go to nicole petallides. good morning. nicole: good morning. let's take...
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. >> we're going to have to see the rates on the top two percent go up. we're not going to be able to get a deal without it. >> reporter: in his first interview since the election, president obama rejected a proposal from house speaker john boehner. he spoke on bloomberg television. >> unfortunately the speaker's proposal right now is still out of balance. i'm happy to entertain other ideas that the republicans may present. but we are not going to simply cut our way to prosperity or to cut our way out of this deficit problem that we have. we're going to need more revenues. in order to do that, that starts with higher rates for the folks at the top. >> reporter: the president did say today he would consider lowering rates again for the top two percent next year as part of a broader tax overhaul. the house republican plan envisions $2.2 trillion in deficit reductions over the next decade. $800 billion would come from new revenues but with no hike in tax rates for top earners. instead the plan relies on $1.2 trillion in reduced spending including $600 billio
. >> we're going to have to see the rates on the top two percent go up. we're not going to be able to get a deal without it. >> reporter: in his first interview since the election, president obama rejected a proposal from house speaker john boehner. he spoke on bloomberg television. >> unfortunately the speaker's proposal right now is still out of balance. i'm happy to entertain other ideas that the republicans may present. but we are not going to simply cut our way to...
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i think john boehner has to go back to his members and say look, president obama won the election, polling suggests we republicans lose if we go over the cliff, and i got this one thing that's going to mitigate your unhappiness over the fact that we're moving up rates on the wealthiest americans. he needs the third part to sell the whole package. >> and david, there is a jobs report today which sort of mixed news for everyone. it's a good number, down to 7.7%, unemployment, 146,000 new jobs added but the downside is that fewer people were in the labor force a lot fewer, because people gave up on even trying. >> i think this is one of the more provocative questions and get to it on sunday, which is, are we too focused on the debt. are we not focused enough on what the government can be doing to try to spur job growth? beyond just -- >> there was a stimulus piece in the offer from the white house that was laughed at by the -- >> laughed at but could end up surviving. one of the things about the president's initial offer is it may have sent a bad signal to conservatives but it did have the ef
i think john boehner has to go back to his members and say look, president obama won the election, polling suggests we republicans lose if we go over the cliff, and i got this one thing that's going to mitigate your unhappiness over the fact that we're moving up rates on the wealthiest americans. he needs the third part to sell the whole package. >> and david, there is a jobs report today which sort of mixed news for everyone. it's a good number, down to 7.7%, unemployment, 146,000 new...